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The Problem With Converting CO2 Back Into Fuel

The Problem With Converting CO2 Back Into Fuel

CO2 can be electrochemically converted…

Suriname’s Much-Needed Oil Boom May Soon Be Back On Course

Suriname’s Much-Needed Oil Boom May Soon Be Back On Course

Suriname’s long-awaited oil boom could…


Tesla Of The Sea? How EV Tech Is Revolutionizing Boating

May 31, 2023 at 16:52 | James Stafford

The electric vehicle boom isn’t just about passenger cars and trucks, it’s also about the millions of speedboats and other recreational boats whose pollution has, at times, caused more damage…

Norway's Wealth Fund  Sides With Activists Against Exxon, Chevron

May 31, 2023 at 16:00 | Alex Kimani

Climate activists have scored yet another victory against Big Oil after Norway’s giant sovereign wealth fund announced it will support proposals by ExxonMobil…

Argentina's Vaca Muerta Shale Play Could Produce 1 Million Bpd In 2030

May 31, 2023 at 11:58 | Rystad Energy

Crude oil production from Argentina’s burgeoning shale patch, Vaca Muerta, could surge in the coming years and top 1 million barrels per day (bpd) by the end of the decade…

UK Activist To Battle UK Government In Court Over Newly Approved Coal Mine

May 31, 2023 at 11:32 | City A.M

Climate activists are set for a courtroom showdown with the government over a newly-approved coal mine in West Cumbria after a date was set by the High Court for two…

Rosneft Q1 Profit Soars As Russian Oil Output Cuts Remain Invisible

May 31, 2023 at 10:35 | Charles Kennedy

Russian state-run oil giant Rosneft saw its first-quarter 2023 net profit rise by over 45% to around $4 billion, beating analyst expectations as production increases despite Moscow’s 500,000…

Goldman And Others Sees Rising Odds Of Another OPEC+ Output Cut

May 31, 2023 at 09:56 | ZeroHedge

If it was Russia's intention to send oil tumbling after its oil minister last week said that OPEC+ has no intentions of cutting production, in the…

Colombia’s President May Have To Rethink His Oil And Gas Exploration Ban

May 31, 2023 at 09:40 | Matthew Smith

Colombia’s economically crucial energy patch is facing a grave crisis due to its shortage of proven oil and natural gas reserves coupled with leftist President Gustavo Petro’s plan to end…

Headline-Grabbing Deals Mask Big Drop In Shale M&A

May 31, 2023 at 09:34 | Alex Kimani

Energy markets have been lackluster in the current year, and it appears the malaise and bearishness have spread into the M&A sector. Oil and gas executives have become increasingly hesitant…

Gasoline Prices Tick Up For The Summer

May 31, 2023 at 08:25 | Julianne Geiger

Gasoline prices are on the rise—increasing from a week ago by 2.7 cents on average in the United States, Gas Buddy said in a note on Tuesday. The nation’s average…

Oil Prices Extend Losses On Weak Economic Data From China

May 31, 2023 at 07:03 | Tsvetana Paraskova

Oil prices slumped by another 3% early on Wednesday, extending the 4% losses from Tuesday after manufacturing data from China disappointed and the U.S. dollar strengthened. As of 7:27 a.m.…

Singapore Detains Record Number Of Oil Tankers As Shadow Fleet Expands

May 31, 2023 at 03:55 | Tsvetana Paraskova

Singapore, a major hub for oil transportation and storage, has detained this year a record-high number of oil and chemicals tankers that have failed to pass inspection—more than the number…

The Battle For Water: Iran And Afghanistan's Taliban In Conflict

May 30, 2023 at 13:51 | RFE/RL staff

Water has exposed cracks in the Taliban's fragile relationship with Tehran, with both sides exchanging pointed barbs over scarce supplies before coming to deadly blows along the Afghan-Iranian border. Tensions…

Three New China-Russia-Iran and Iraq Agreements Confirm The New Oil Market Order

May 30, 2023 at 13:40 | Simon Watkins

The last week or so has seen a flurry of major cooperation agreements - including in energy, security, and logistics – between various permutations of Iran, Iraq, Russia,…

Exxon Is Ramping Up Activity In Offshore Guyana As The Economy Soars

May 30, 2023 at 13:13 | Matthew Smith

With more than 35 oil discoveries since 2015 the impoverished South American microstate of Guyana has emerged as the world’s hottest frontier…

Companies Lash Out At SEC’s Proposed Scope 3 Rules

May 30, 2023 at 12:16 | Tsvetana Paraskova

A new climate-risk disclosure rule that the U.S. Securities and Exchange Commission (SEC) is expected to finalize this year is dividing companies, industries, and lawmakers.   SEC’s proposed rules to “Enhance…

WTI Plunges Below $70 With U.S. Debt Deal In Jeopardy

May 30, 2023 at 11:21 | Julianne Geiger

WTI crude oil futures sank below $70 per barrel on Tuesday as a shakily forged debt ceiling deal threatened to disrupt financial markets. WTI plunged 3.13 by noon—a 4.14% dip…

Labor Leader’s Oil Plans Spark Outrage In Scotland

May 30, 2023 at 10:56 | Irina Slav

In January this year, at the Davos summit, the leader of Britain's Labour party, Keir Starmer, said that if Labour won the…

Russia’s Seaborne Oil Exports Dip But Remain High

May 30, 2023 at 09:11 | Charles Kennedy

Russia’s crude oil exports by sea fell last week for the first time in six weeks, but they are still much higher than in February, when Russia announced a production…

Oil Markets On Edge Over OPEC And Debt Ceiling Uncertainty

May 30, 2023 at 08:18 | Michael Kern

With the next OPEC+ meeting taking place this Sunday and the U.S. debt ceiling saga set to draw a conclusion around the same time, oil markets are sure to be…

Oil Prices Slip As Fears Of A U.S. Default Return

May 30, 2023 at 02:55 | Irina Slav

Crude oil prices retreated today in Asian trade following modest gains made on Monday on the news that President Biden and House Speaker and top Republican Kevin McCarthy had sealed…

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